Porsche, Bugatti and Rimac are parting ways!
- Published on 25/04/2026 14:39
Porsche sells its stakes in Bugatti Rimac and Rimac Group to an international consortium.
Porsche has announced the sale of its stakes in Bugatti Rimac and Rimac Group to an international consortium led by HOF Capital, a New York-based investment firm. The agreements were signed on the same day, subject to the usual regulatory approvals. The transaction is expected to finalize before the end of 2026.
Founded in 2021, the joint venture Bugatti Rimac combined Porsche (45%) and Rimac Group (55%), with Porsche also holding 20.6% of Rimac Group. Through this partnership, Bugatti has been able to gain a new lease on life, particularly in the development of hybrid and electric technologies, while preserving its legacy of excellence and extreme performance.
Independence or end of dependence?
With this total divestment, Porsche is refocusing its strategy on its core business: the iconic sports models of the German brand. “By selling our stakes, we demonstrate that we are concentrating on the core business of Porsche,” said Dr. Michael Leiters, CEO of Porsche AG. He thanked Mate Rimac and his team for a fruitful collaboration.
For his part, Mate Rimac, founder of Rimac and CEO of Bugatti Rimac, expressed confidence: “Porsche has been a crucial partner. We now have a structure that allows us to execute our long-term vision even more quickly.”
The consortium, which includes BlueFive Capital as the main investor along with American and European institutional investors, will enable Rimac Group to take full control of Bugatti Rimac. HOF Capital will become the largest shareholder of Rimac Group alongside Mate Rimac. Hisham Elhaddad (HOF Capital) and Hazem Ben-Gacem (BlueFive Capital) praised Bugatti’s unique heritage, a symbol of innovation and craftsmanship.
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This operation marks the end of an era for Bugatti under the direct influence of the Volkswagen/Porsche group, after more than 25 years. It opens a new independent chapter for the French brand, now led by the Croatian visionary Mate Rimac and supported by international investors.
This page is translated from the original post "Porsche, Bugatti et Rimac divorcent !" in French.
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